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Margaret
Margaret is 24 years old and married with two children. She wants to start a small business making and selling ice cake (ice cake is the same as ice pop) in her community. She is applying for a loan to buy a deep freeze, cordial syrup, foam cups, sugar, a cooler and plastic bags. Margaret joined SPBD in 2013 to gain access to financial services. Margaret will use her profits to support her family financially.

Additional Information

About SPBD

South Pacific Business Development (SPBD) improves conditions for families living in poverty by providing accessible credit, training, and guidance to help them start, grow and maintain micro-businesses, build assets, finance home improvements, and afford to educate their children. 99% of SPBD’s loans go to women, who can borrow in groups to guarantee one another rather than put up collateral.

About Samoa

  • $6,344
    Average annual income
  • 10
    View loans »
    Samoa Loans Fundraising
  • $7,111,575
    Funds lent in using Kiva
  • 2.4
    Samoa Tala (WST) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Margaret to buy deep freezer, cordial syrup, foam cups, sugar, cooler and plastic bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2013
Listed
Sep 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014